The right balance between the role of the state and the market is key for susccesful development. In this video, Joseph Stiglitz explains why they should complement each other. This video was recorded at the UNU-WIDER 30th anniversary conference in Helsinki in September 2015.

Nobel laureate in economics Joseph Stiglitz looks at why non-US citizens around the world favor an Obama victory and outlines the reasons why they are right to do so. “American “exceptionalism” may sell well at home, but it does poorly abroad”.

Nobel laureate in economics, Joseph E. Stiglitz, likens the euro to an inmate on death row who has just received another last-minute stay of execution. The markets are celebrating, but the euphoria will be short-lived as usual. The fundamental problems have yet to be addressed.